They are a bad idea.” Dr Madsen Pirie, president of the Adam Smith Institute, neatly summed up the views of the Kirkcaldy-born ‘Father of Economics’ on tariffs in an article following Donald ...
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Employees, customers, and the paradox of valueDavid Ricardo, a notable economist of the Smithian tradition, had reasoned in the Labour Theory of Value that the value of a ...
Writer Nat Dyer on how David Ricardo's abstract models pushed economics into fantasy — and we all paid the price ...
Your report about Labour and Conservative votes collapsing in Scotland is an inevitable result of them having done virtually nothing in the way ...
As Adam Smith, the father of modern economics, noted, “the greatest improvements in the circumstances of mankind have been brought about by the labour of a few”. This insight reminds us that ...
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What would the father of protectionism say to Trump?The author is an economic columnist and CEO of Geuljaengi.Inc. Adam Smith, the founding father of economics, mentioned the “invisible hand” only once in “The Wealth of Nations” (1776).
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Robbie Mochrie: "The most misunderstood economist is Karl Marx, his analysis was already outdated when he wrote it"Professor of Economics and author of 'How to Think Like an Economist', who has just released in Spanish by La Esfera de los Libros. Robbie Mochrie is a Professor of Economics at Heriot-Watt University ...
At the same time, the agency is commissioned to strengthen the political and economic position of ... although his definition would make Adam Smith, the father of Capitalism, spin in his grave.
In the first English translation in half a century, Paul Reitter and Paul North distill the essence of the Marxist ...
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